President Bukele says ‘thank you for selling cheap,' as El Salvador buys more Bitcoin

On July 1, President Bukele tweeted that El Salvador had bought another 80 Bitcoin (BTC) at $19,000 per token. The post President Bukele says ‘thank you for selling cheap,' as El Salvador buys more Bitcoin appeared first on CryptoSlate.

Timeline of Bitcoin

Bitcoin has been setting new record trends with the bear market. This follows a bull market that had also deviated largely from its predecessors, so it comes as no surprise that the subsequent near market mirrored this behavior.

With bitcoin's decline below $20,000, the crypto market liquidations have ramped up once more. The market which had been regaining some semblance of normality has now lost its hold.

VanEck filed a new application for a spot bitcoin (BTC) exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC) on July 1, 2022. No U.S.-based company has so far been able to get a spot bitcoin ETF…

Researchers at Deutsche Bank say Bitcoin (BTC) might rise by as much as 40% to finish the year despite its months-long losing streak. According to a new BNN Bloomberg report, Deutsche analysts Marion Laboure and Galina Pozdnyakova note that Bitcoin's chart patterns are looking similar to traditional stock markets. Their prediction that the S&P 500 The post Bitcoin (BTC) Could Pop by the End of 2022, According to Deutsche Bank Analysts – Here's Their Target appeared first on The Daily Hodl.

Former hedge fund manager Michael Burry made another bearish prediction for Bitcoin and traditional equities. Renowned for his short position which preceded the U.S. housing market crash, and one of the periods in recent economic history for the world, Burry believes more pain for BTC's price is ahead.

This week's price movements for bitcoin (BTC), gold, and, our wildcard, the Grayscale Bitcoin Fund. The post Gold, Stocks, and Bitcoin: Weekly Overview – July 1 appeared first on BeInCrypto.

Nayib Bukele, the president of El Salvador, took to Twitter to report that his country had bought a further 80 bitcoins at an average of $19,000 each.  When all is carnage in the crypto markets there are very few who are keeping their heads and are looking to the future.

Bitcoin (BTC/USD) remained volatile early in the Asian session as the pair tried to sustain gains above the 20000 figure after recently trading as low as the 18603 level, stopping short of testing the 17787.51 area that represents the 50% retracement of the appreciating range from 3858 to 31717.02.  Traders then quickly lifted BTC/USD to the 20879.99 area before profit-taking saw the pair moderate.

Bitcoin (BTC) created its first higher low since June 18, but has yet to break out from a horizontal and diagonal resistance level. The post Bitcoin (BTC) Reaches First Ever Close Below 50-Month Moving Average (MA) appeared first on BeInCrypto.

Crypto expert Justin Bennett cautions that two virtual currencies are under tremendous stress as markets continue to fall. Beginning with Bitcoin (BTC), expert believes that the mainstream cryptocurrency will continue to decline. As per Bennett, the S&P 500 stock market index has still not reached the bearish market but may drop even more if a …